In circuit designing, it is a common phenomenon to presume that in case of nMOS the channel current flows from drain to source (also seen in schematics), while in the case of pMOS, channel current flows from source to drain.
What characteristic in MOSFETs coerces this distinction? Is it simply something to do with fabrication?
Because, as far as I understand, the distinction between the two comes from the substrate/wells (p-type/n-type in case of nMOS and n-type/p-type in the case of pMOS) and the gate voltages (+ve for nMOS and -ve for pMOS), but once the channel is formed then the channels along with the wells and the source drain contacts should be able to basically behave like a resistor, allowing channel current flow in both directions.